On Friday, obscured by the dust kicked up by Amazon.com (NASDAQ:AMZN) after reporting it would be acquiring Whole Foods Market (NASDAQ:WFM), there was another curious (albeit much less interesting) acquisition made --discount retailer Wal-Mart Stores (NYSE:WMT) announced it would be purchasi
Perhaps the greatest collection of unopened collectibles in baseball card history was recently found in a 90-year-old aunt’s Tennessee attic. Her husband, the late uncle of the current seller, owned a confectionary company that made card sets based on
Almost a week has passed since Goodyear Tire & Rubber (GT) posted lower than expected quarterly sales, as it shipped fewer tires in the Americas. But today, the tire companys share price topped the S&P 500, adding $1.99, or 5.6% to post a record close of $35.71 a share.
Last week, GoodYear delivered a mixed fourth quarter financial report. While revenue missed consensus estimates,....More>>>
When you buy a stock, how do you decide how many shares you'll buy? Most people don't have a clue how to do this. But it's something you have to get right – it's crucial to your investing performance. So seriously, what's your process for determining how much of a stock you'll buy? Do you say something like this? Well, the stock....More>>>
Yesterday, President Obama signed into law the 21st Century Cures Act, a piece of legislation that had rare overwhelming bi-partisan support. The White House issued this statement about the legislation as it passed through Congress on November 30th:
This critically important legislation will get states the resources they need to fight the heroin and prescription opioid epidemic. It invests....More>>>
Alibaba Group Holding Ltd. (NYSE: BABA) has already reported its earnings on Wednesday. Its adjusted earnings of $0.79 EPS/ADS was on revenue of $5.14 billion, both beating the consensus estimates of $0.69 EPS and $5.03 billion in revenues of $5.03 billion. What is interesting here is that news of an SEC accounting probe reversed some of the original gains.
Vanda Pharmaceuticals (NASDAQ:VNDA) has been rising over the last two days after a key ruling, upholding the validity of Vanda’s Fanapt patents. For investors who are unaware, Roxane Laboratories, a maker of generic pharmaceuticals, filed a challenge to Vanda’s patents. Vanda sought to uphold their patents in court, and this favorable ruling will help to put off the risk of generic competition....More>>>
Global economic growth is slowing. The world economy continues to expand, but at a smaller growth rate than in recent years. The outlook isn’t much better. In fact, the IMF keeps revising its forecast downwards, as do the forecasters tracked by FocusEconomics. It turns out that the expected growth isn’t much off than the historical average. Advanced economies are will not accelerate....More>>>
Emerging markets were a brutal place to invest in 2014 and 2015.
While the S&P 500 gained more than 12% in that time, iShares Emerging Markets (NYSEARCA:EEM) fell into a bear market, declining 20%. That weakness was driven by a perfect storm of a strong dollar, falling commodity prices and slower than expected growth in China.
I turned 70陆 in 2015, and I know that I have to take my first required minimum distribution from my IRA by April 1, 2016. Do I need to take another RMD by the end of this year? Is there anything I can do to reduce the tax bill if I have to take two RMDs in the same year?
Generally, you must take your required minimum distributions by December 31 every year. But for your first RMD, you....More>>>
On Wednesday, our Under the Radar Moversnewsletter suggested small cap passive electronic components manufacturer KEMET Corporation (NYSE: KEM) as a long/bullish trade:
With just a quick long-term loom, Kemet looks a little overbought… and it is. That’s ok though. After some consolidation in October as well as some in September, the foundation for a breakout has been put in place.....More>>>
Monday June 19: Five things the markets are talking about
Last week saw a plethora of bad economic news stateside, starting with continued weakness in inflation, consumer confidence, housing and manufacturing. The Fed followed their script and removed the expected amount of stimulus on the
A quick caveat - JD.com (NASDAQ:JD) is the largest e-commerce retail platform in China, as measured by net revenues. Alibaba Group Holding (NYSE:BABA) is the largest e-commerce retail platform in China, as measured by gross merchandise vol
In the face of highflying rivals, eBay (NASDAQ:EBAY) is often overlooked in the business press. There is some reason for this, of course. It was once thought that auction-style selling would create the most efficient prices, but traditional retailing is still the norm in 2017. As a result, a
President Trump came out and stated he is considering breaking up the big banks Monday. At first, the entire sector sold off, yet rebounded quickly. At this time, Bank of America (NYSE: BAC) shares are trading up over 1%.